Global
ICC issues RFP for key data insights into sponsorship value of major events
The International Cricket Council has initiated plans for what it hopes will lead to an increase in the value of its commercial packages after 2027, by launching a Request for Proposals (RFP) for brand…
EXCLUSIVE: Red Bull Racing in JP Morgan Chase sponsorship talks
Formula 1 team Red Bull Racing is in advanced negotiations with international financial services company JP Morgan Chase about a sponsorship agreement, SportBusiness can reveal
Formula 1 delivers 18.9-per-cent increase in central sponsorship income
Formula 1 will generate $445m (€410.1m/£358.1m) in central sponsorship income this year, an increase of 18.9 per cent on the $374m it generated in 2022.
Hearn: Matchroom equity sale still likely
Matchroom chairman Eddie Hearn believes a deal to sell a minority stake in the company will “probably happen” despite a proposed deal with CVC Capital Partners falling through earlier this year.In
Matchroom fighting for £1bn valuation as investors circle
Matchroom's Eddie Hearn talks exclusively to SportBusiness about private equity interest, the death of PPV boxing and the rise of influencers.
PE firm Arctos invests in Aston Martin F1, Red Bull renews TAG sponsorship
US private equity firm Arctos Partners has invested in the Aston Martin F1 team with Canadian billionaire Lawrence Stroll selling a minority stake
GCN platforms the latest victims of WBD’s OTT restructure
Warner Bros. Discovery is to shut down GCN+ and the GCN App, the direct-to-consumer cycling platforms, in its latest restructuring move in the digital space
Fifa+ adds CAF qualifiers to streaming portfolio
Fifa is live streaming CAF qualifying matches for the 2026 World Cup on its Fifa+ platform in most countries worldwide
Embattled CGF targets ‘transformative era’ as Jenkins elected president
Chris Jenkins has been elected as the new president of the Commonwealth Games Federation (CGF) and has pledged to “remodel” the Games to allow more countries to host.
GM ready to join F1 in boost to Andretti’s hopes, AlphaTauri and McLaren sign sponsors
General Motors (GM) has formally registered to join Formula 1 as a power unit manufacturer from 2028 in a move which boosts the prospects of a team owned by Andretti Global, the parent company of Andretti…
Betting business drives Genius’ Q3 revenue jump but net loss hits $11.6m
A 34-per-cent jump in revenue in its core betting business helped Genius Sports report increased third-quarter revenue of $101.7m (€95.2m) but foreign currency headwinds contributed to an $11.6
Fifa+ nets non-exclusive Serie C global streaming rights
Fifa+, the direct-to-consumer OTT platform of football’s global governing body, has secured non-exclusive global rights to Serie C, Italian football’s third dvision.
World Rowing navigating choppy waters in bid to diversify revenues
How partnerships on and off the water are helping World Rowing to democratise the sport, attract new audiences and lessen the governing body’s reliance on Olympic revenues.
Highlight capital raise pushes Studhalter shareholding below 20-per-cent threshold
The purchase of 3.5 million new shares in Highlight Event and Entertainment (HLEE) has pushed the shareholding of Alexander Studhalter below 20 per cent, as Highlight seeks to minimise risks to the company posed by restrictions placed on the Swiss businessman by US authorities.
Zaslav warns of ‘generational disruption’ as WBD reports $417m net loss
Warner Bros. Discovery has reported third-quarter net losses of $417m (€390m) after a decline in advertising revenue, a drop in streaming subscribers, and what president and chief executive David Zaslav called a “generational disruption” as the company’s stock tumbled by 19 per cent.
Endeavor posts Q3 revenue rise, talks up betting operations for 2024
Sports and entertainment conglomerate Endeavor has positioned OpenBet and its wider betting operations as key revenue drivers for the group in 2024, but insists IMG Arena will remain "number three" in…
DAZN, Uefa opt against paywall for UWCL
All matches from the group stages of this season’s Uefa Women’s Champions League will remain free to watch in most global markets despite initial plans by DAZN to move fixtures exclusively behind a pay…
EXCLUSIVE: DAZN’s IPL international deal on verge of termination
DAZN’s five-year Indian Premier League international rights deal is close to being terminated after just one year, SportBusiness understands.